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Top competitors on query "real gdp is not a perfect measure of social welfare because"
http://www.marketwatch.com/story/world-awaits-obamas-response-economic Competition: low
"The task for the new president is to first restore trust and confidence," said Jim Dunigan, managing executive for investments at PNC Wealth Management. "At a time when we must face huge challenges together, your election has raised enormous hope in France, in Europe and beyond," said French President Nicolas Sarkozy
http://www.reuters.com/people/barack-obama Competition: low
Treasury official named lead on Detroit bankruptcy Obama speaks by phone to Iran's Rouhani, sees chance for progress Sequester cuts in play in Washington funding battle Obama says U.N
http://wps.prenhall.com/bp_casefair_econf_7e/31/7936/2031704.cw/index.html Competition: low
You will see later that it is very important to note that inventories count as part of business investment! It is also important to distinguish between gross investment, which is the total value of all newly produced capital goods produced in a given period, and net investment, which is gross investment less depreciation. Calculating GDP -- The Expenditure Approach As we mentioned earlier, GDP can be calculated by either adding up all of the expenditures on goods and services produced in the economy or by adding up all of the income received by labor and other inputs in the economy
http://dieoff.org/page11.htm Competition: low
It broadens the conventional accounting framework to include the economic contributions of the family and community realms, and of the natural habitat, along with conventionally measured economic production. The GPI is intended to provide citizens and policy-makers with a more accurate barometer of the overall health of the economy, and of how our national condition is changing over time
Measuring Worth - Relative Value of the US Dollar.
http://www.measuringworth.com/uscompare/ Competition: low
The annual CPI and RPI observations are usually published in the first month or two of the next year, however the numbers for GDP do not come out until later. Earnings might be of a specific type of labor, such as a plumber or professional athlete, or the (average) earnings of a broad group of labor, such as unskilled workers
GDP and GNI - OECD Observer
http://www.oecdobserver.org/news/archivestory.php/aid/1507/GDP_and_GNI.html Competition: low
To explain the large lead, statisticians point to the 90,000-strong labour force commuting across the border everyday from Germany, France, Belgium and the Netherlands, often to work in lucrative financial services. Ireland's position has risen up the GDP per head rankings since 1999, and is now in the top five countries in the OECD (see chart).This remarkable transformation has been put down to a mix of factors, of which inward investment in high value-added businesses is one
Definitions of Anthropological Terms
http://oregonstate.edu/instruct/anth370/gloss.html Competition: low
leveling device - a cultural mechanism which reduces wealth differentials between individuals often by inducing the wealthy to sponsor feasts or to destroy or give away surplus in return for increased prestige. Initially, these groups were called "primitives." This term came to be viewed as too ethnocentric since it emphasized they were less developed than "modern" cultures
Trustees Report Summary
http://www.ssa.gov/OACT/TRSUM/index.html Competition: low
Of the two programs, Social Security faces the larger actuarial imbalance as well as the most immediate threat of trust fund depletion, again projected in 2016 for its Disability Insurance (DI) Trust Fund. In the interests of those who depend on these programs as beneficiaries, as well as those who contribute to them as taxpayers, we urge lawmakers to correct the financial imbalances of Social Security and Medicare soon
http://aspe.hhs.gov/hsp/social-welfare-spending04/summary.htm Competition: low
These shifting patterns of spending are partly understandable in light of our findings that different social programs respond to different factors and that states of different fiscal capacity vary in their responsiveness to the same variables. Federal mandates, considerations of federal match rates, and active participation of organized provider groups that served as advocates for various parts of the program often dominated Medicaid spending
http://wn.com/GDP Competition: low
used Google Trends data to demonstrate that Internet users from countries with a higher per capita gross domestic product (GDP) are more likely to search for information about the future than information about the past. The income approach works on the principle that the incomes of the productive factors ("producers," colloquially) must be equal to the value of their product, and determines GDP by finding the sum of all producers' incomes
What is GDP? How to measure GDP? Definitions and examples, part 1
http://www.freeeconhelp.com/2011/09/what-is-gdp-how-to-measure-gdp.html Competition: low
The 7 best sites for learning economics for free Since creating this website I have scoured the web to see which sites do a good job at teaching economics, and trying to find ways to do it ... How to calculate point price elasticity of demand with examples Point elasticity is the price elasticity of demand at a specific point on the demand curve instead of over a range of it
http://www.aei-ideas.org/2013/06/federal-regulations-have-lowered-gdp-growth-by-2-per-year/ Competition: low
Where consumers do not drive regulations, I suppose that professional guilds would form to do the same, but guilds might be as bad as government regulations. I agree that many regulations, for example airlines, can be taken out of the hands of the federal government and given to the industry and industry insurance companies
Definitions Country Codes geographic.org Courty Profiles - Flags, Maps, Economy, Geography, Climate, Natural Resources, Current Issues, International Agreements, Population, Social Statistics, Political System
http://www.theodora.com/wfb/wfb2000/definitions.html Competition: low
The following terms and abbreviations are used throughout the entry: Africa ONE - a fiber-optic submarine cable link encircling the continent of Africa. Hoa Hao: a minority tradition of Buddhism practiced in Vietnam that stresses lay participation, primarily by peasant farmers; it eschews expensive ceremonies and temples and relocates the primary practices into the home
GDP: An Imperfect Measure of Progress - Bloomberg
http://www.bloomberg.com/news/2013-01-30/gdp-an-imperfect-measure-of-progress.html Competition: low
Nalewaik and several co-authors argued that a combined GDP-GDI measure would be more accurate, helping to offset some of the measurement errors that inhere in GDP and ideally giving policy makers a better economic picture when it most counts. A far better approach would be to improve some of the measurements used in national accounts, and develop a wider range of individual indicators of welfare to inform public policy
Welfare state - Wikipedia, the free encyclopedia
http://en.wikipedia.org/wiki/Welfare_state Competition: low
He argued to cure these problems, the government should provide adequate income to people, adequate health care, adequate education, adequate housing and adequate employment. It has been argued that these typologies remain a fundamental heuristic tool for welfare state scholars, even for those who claim that in-depth analysis of a single case is more suited to capture the complexity of different social policy arrangements
http://www.mssresearch.org/?q=node/626 Competition: low
Regarding economic performance as a function of education, we adjust current level of economic welfare by an index that reflects the change in the enrollment rate at primary, secondary and tertiary levels over a period of time. Unfortunately in many countries even the most basic data on unemployment rates is unreliable, while the range of variables measured is severely limited
Is GDP a satisfactory measure of growth? - OECD Observer
http://www.oecdobserver.org/news/archivestory.php/aid/1518/Is_GDP_a_satisfactory_measure_of_growth_.html Competition: low
In market economies, this works because prices reflect both the marginal cost for the producer and the marginal utility for the consumer: people sell at a price that other people are willing to pay. GDP is a beacon, but it is not the only one.So GDP is here to stay? The times of major change, such as the one to include non-market production in GDP some 30 years ago, have passed, so do not expect any radical upheavals
News Release: Gross Domestic Product
http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm Competition: low
Gross domestic income Real gross domestic income (GDI), which measures the output of the economy as the costs incurred and the incomes earned in the production of GDP, increased 2.6 percent in the second quarter, compared with an increase of 2.4 percent in the first. The acceleration in real GDP in the second quarter primarily reflected upturns in exports and in nonresidential fixed investment, a smaller decrease in federal government spending, and an upturn in state and local government spending that were partly offset by an acceleration in imports and decelerations in private inventory investment and in PCE
Gross domestic product - Wikipedia, the free encyclopedia
http://en.wikipedia.org/wiki/Gross_domestic_product Competition: low
used Google Trends data to demonstrate that Internet users from countries with a higher per capita gross domestic product (GDP) are more likely to search for information about the future than information about the past. For instance, if a government embarks on the building of a pyramid, which adds absolutely nothing to the well-being of individuals, the GDP framework will regard this as economic growth
"The task for the new president is to first restore trust and confidence," said Jim Dunigan, managing executive for investments at PNC Wealth Management. "At a time when we must face huge challenges together, your election has raised enormous hope in France, in Europe and beyond," said French President Nicolas Sarkozy
Treasury official named lead on Detroit bankruptcy Obama speaks by phone to Iran's Rouhani, sees chance for progress Sequester cuts in play in Washington funding battle Obama says U.N
You will see later that it is very important to note that inventories count as part of business investment! It is also important to distinguish between gross investment, which is the total value of all newly produced capital goods produced in a given period, and net investment, which is gross investment less depreciation. Calculating GDP -- The Expenditure Approach As we mentioned earlier, GDP can be calculated by either adding up all of the expenditures on goods and services produced in the economy or by adding up all of the income received by labor and other inputs in the economy
It broadens the conventional accounting framework to include the economic contributions of the family and community realms, and of the natural habitat, along with conventionally measured economic production. The GPI is intended to provide citizens and policy-makers with a more accurate barometer of the overall health of the economy, and of how our national condition is changing over time
Measuring Worth - Relative Value of the US Dollar.
The annual CPI and RPI observations are usually published in the first month or two of the next year, however the numbers for GDP do not come out until later. Earnings might be of a specific type of labor, such as a plumber or professional athlete, or the (average) earnings of a broad group of labor, such as unskilled workers
GDP and GNI - OECD Observer
To explain the large lead, statisticians point to the 90,000-strong labour force commuting across the border everyday from Germany, France, Belgium and the Netherlands, often to work in lucrative financial services. Ireland's position has risen up the GDP per head rankings since 1999, and is now in the top five countries in the OECD (see chart).This remarkable transformation has been put down to a mix of factors, of which inward investment in high value-added businesses is one
Definitions of Anthropological Terms
leveling device - a cultural mechanism which reduces wealth differentials between individuals often by inducing the wealthy to sponsor feasts or to destroy or give away surplus in return for increased prestige. Initially, these groups were called "primitives." This term came to be viewed as too ethnocentric since it emphasized they were less developed than "modern" cultures
Trustees Report Summary
Of the two programs, Social Security faces the larger actuarial imbalance as well as the most immediate threat of trust fund depletion, again projected in 2016 for its Disability Insurance (DI) Trust Fund. In the interests of those who depend on these programs as beneficiaries, as well as those who contribute to them as taxpayers, we urge lawmakers to correct the financial imbalances of Social Security and Medicare soon
These shifting patterns of spending are partly understandable in light of our findings that different social programs respond to different factors and that states of different fiscal capacity vary in their responsiveness to the same variables. Federal mandates, considerations of federal match rates, and active participation of organized provider groups that served as advocates for various parts of the program often dominated Medicaid spending
used Google Trends data to demonstrate that Internet users from countries with a higher per capita gross domestic product (GDP) are more likely to search for information about the future than information about the past. The income approach works on the principle that the incomes of the productive factors ("producers," colloquially) must be equal to the value of their product, and determines GDP by finding the sum of all producers' incomes
What is GDP? How to measure GDP? Definitions and examples, part 1
The 7 best sites for learning economics for free Since creating this website I have scoured the web to see which sites do a good job at teaching economics, and trying to find ways to do it ... How to calculate point price elasticity of demand with examples Point elasticity is the price elasticity of demand at a specific point on the demand curve instead of over a range of it
Where consumers do not drive regulations, I suppose that professional guilds would form to do the same, but guilds might be as bad as government regulations. I agree that many regulations, for example airlines, can be taken out of the hands of the federal government and given to the industry and industry insurance companies
Definitions Country Codes geographic.org Courty Profiles - Flags, Maps, Economy, Geography, Climate, Natural Resources, Current Issues, International Agreements, Population, Social Statistics, Political System
The following terms and abbreviations are used throughout the entry: Africa ONE - a fiber-optic submarine cable link encircling the continent of Africa. Hoa Hao: a minority tradition of Buddhism practiced in Vietnam that stresses lay participation, primarily by peasant farmers; it eschews expensive ceremonies and temples and relocates the primary practices into the home
GDP: An Imperfect Measure of Progress - Bloomberg
Nalewaik and several co-authors argued that a combined GDP-GDI measure would be more accurate, helping to offset some of the measurement errors that inhere in GDP and ideally giving policy makers a better economic picture when it most counts. A far better approach would be to improve some of the measurements used in national accounts, and develop a wider range of individual indicators of welfare to inform public policy
Welfare state - Wikipedia, the free encyclopedia
He argued to cure these problems, the government should provide adequate income to people, adequate health care, adequate education, adequate housing and adequate employment. It has been argued that these typologies remain a fundamental heuristic tool for welfare state scholars, even for those who claim that in-depth analysis of a single case is more suited to capture the complexity of different social policy arrangements
Regarding economic performance as a function of education, we adjust current level of economic welfare by an index that reflects the change in the enrollment rate at primary, secondary and tertiary levels over a period of time. Unfortunately in many countries even the most basic data on unemployment rates is unreliable, while the range of variables measured is severely limited
Is GDP a satisfactory measure of growth? - OECD Observer
In market economies, this works because prices reflect both the marginal cost for the producer and the marginal utility for the consumer: people sell at a price that other people are willing to pay. GDP is a beacon, but it is not the only one.So GDP is here to stay? The times of major change, such as the one to include non-market production in GDP some 30 years ago, have passed, so do not expect any radical upheavals
News Release: Gross Domestic Product
Gross domestic income Real gross domestic income (GDI), which measures the output of the economy as the costs incurred and the incomes earned in the production of GDP, increased 2.6 percent in the second quarter, compared with an increase of 2.4 percent in the first. The acceleration in real GDP in the second quarter primarily reflected upturns in exports and in nonresidential fixed investment, a smaller decrease in federal government spending, and an upturn in state and local government spending that were partly offset by an acceleration in imports and decelerations in private inventory investment and in PCE
Gross domestic product - Wikipedia, the free encyclopedia
used Google Trends data to demonstrate that Internet users from countries with a higher per capita gross domestic product (GDP) are more likely to search for information about the future than information about the past. For instance, if a government embarks on the building of a pyramid, which adds absolutely nothing to the well-being of individuals, the GDP framework will regard this as economic growth
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